2012 Sustainability Report

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Our Shareholders

Con Edison has a long record of delivering solid shareholder value, and has increased its dividend each year for the past 39 years.

Con Edison’s mission is to provide energy services to our customers safely, reliably, efficiently and in an environmentally sound manner; to provide a workplace that allows employees to realize their full potential; to provide a fair return to our investors; and to improve the quality of life in the communities we serve. Con Edison anticipates that Con Edison of New York and Orange and Rockland, which are subject to extensive regulation, will continue to provide substantially all of its earnings over the next few years. The utilities have approved rate plans that are generally designed to cover each company’s cost of service, including the capital and other costs of the company’s energy delivery systems. The following sections present the company’s financial highlights, share performance, and return for 2012.